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Daily Debrief: What Happened Today
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SOME S$45 million has been set aside for a nine-month campaign touting “mini-holidays” for locals - including in districts such as Chinatown, Little India, Orchard Road and Sentosa.
MAS said Asiaciti Trust (ATSPL) committed various “serious breaches” spanning over a decade, including failing to monitor higher-risk customers more stringently.
THE Civil Aviation Authority of Singapore (CAAS) and the European Union Aviation Safety Agency (EASA) have concluded a memorandum of cooperation (MOC) on aviation health safety measures in relation to the Covid-19 pandemic.
ENTERPRISE Singapore (ESG), the Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF) have dedicated S$40 million in funding to National Innovation Challenges (NICs).
DIVIDEND cuts by Singapore banks may happen "as early as" the upcoming payout to be announced in the second quarter, with the regulator reviewing banks’ capital plans amid prolonged economic uncertainty.
THE massive two-part proposal that will see Sembcorp Industries (SCI) and Sembcorp Marine (SMM) parting ways will meet the loss-making marine unit’s “critical” liquidity needs, strengthen both companies’ financial positions and is in the best interest of shareholders.
CLARENCE Tan, 52, the group chief executive officer (CEO) of mainboard-listed City Developments Limited's (CDL) hotel arm, Millennium & Copthorne Hotels (M&C), has resigned after four months in the position.
The STI today
THE Straits Times Index (STI) fell 34.92 points, or 1.3 per cent, to 2,594.53